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Withholding tax to dampen ICO fund-raising
Withholding tax to dampen ICO fund-raising
MONDAY, MAY 28, 2018
MOST of the firms that have expressed an interest in raising funds through an initial coin offering (ICO) say they are concerned about the withholding tax of 15 per cent that will be levied on the profits, the chief of an ICO portal said yesterday as she warned of the dampening effect on the cryptocurrency sector in Thailand.
Finance Ministry right to slow down ICO trend
Finance Ministry right to slow down ICO trend
THURSDAY, MAY 03, 2018
Investors are eager for digital currencies but, until regulations are in place, they could easily fall prey to scammersIncome from digital assets to attract 15% withholding tax in rules catch-up
Income from digital assets to attract 15% withholding tax in rules catch-up
TUESDAY, MARCH 13, 2018
THE REVENUE Department plans to impose a 15 per cent withholding tax on profits and dividends generated by transactions involving digital assets.
SEC closes in on digital currency rules
SEC closes in on digital currency rules
WEDNESDAY, FEBRUARY 28, 2018
THE Securities and Exchange Commission (SEC) plans to introduce a regulatory framework governing investment in digital currencies, including the fast-moving trend for initial coin offerings (ICO).
PPS plans to raise Bt500m through coin offering
PPS plans to raise Bt500m through coin offering
TUESDAY, FEBRUARY 27, 2018
PROJECT Planning Services Plc (PPS) plans to raise about Bt500 million through an initial coin offering (ICO) of ProfinCoin, with the proceeds to be used to help expand the company’s construction factoring business.
Cryptocurrencies still outside Thai law, warns SEC
Cryptocurrencies still outside Thai law, warns SEC
MONDAY, FEBRUARY 19, 2018
The Securities and Exchange Commission, Thailand (SEC) is warning that people who invest in Initial Coin Offerings (ICO) and cryptocurrencies generally are taking a risk because Thai laws do not yet have any statutes in place that cover them.SEC WORKING ON SUPERVISION OF ICO
SEC WORKING ON SUPERVISION OF ICO
THURSDAY, FEBRUARY 08, 2018
The Securities and Exchange Commission (SEC) will present the results of its hearing on the supervision of initial coin offering (ICO) to the Capital Market Supervisory Board on expectation to finalise the policy within March.
SpherePay opens cryptocurrency Initial Coin Offering
SpherePay opens cryptocurrency Initial Coin Offering
MONDAY, FEBRUARY 05, 2018
Singapore-based mobile payment app company SpherePay on Monday officially opened its Initial Coin Offering (ICO), also known as Initial Token Sale. Singapore FinTech company launches cryptocurrency
Singapore FinTech company launches cryptocurrency
MONDAY, FEBRUARY 05, 2018
Singapore mobile payment app company SpherePay officially opened its Initial Coin Offering (ICO) on Monday. Earlier this month, SpherePay announced that it would launch a total of 10 Billion SAY tokens, of which 40% would be distributed for sale via an ICO.WHA mulls funds through coin offering
WHA mulls funds through coin offering
THURSDAY, FEBRUARY 01, 2018
THE WHA Corporation Plc (WHA) is interested in raising funds through an initial coin offering (ICO) to be finalised by the end of this year, while Thailand’s Ministry of Finance will study and choose an approach to digital-currency investments within one month.
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